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29 Jul
11:58

More Chinese steel products lose export rebates

China’s Ministry of Finance said on Thursday it has decided to cancel export tax rebates for more steel products from 1 August. These products escaped the last raft of tax rebate cancellations in April, which were meant to encourage the export of high-end products. According to the announcement, 13% export tax rebates for 23 steel products will be cancelled starting 1 August, Kallanish reports. These products are mainly cold rolled coil, galvanised stee…
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